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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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Protests Erupt in Athens on Rail Crash Anniversary

On the second anniversary of Greece's deadliest rail crash, Athens witnessed massive protests as frustration over systemic failures boiled over. The tragic accident, which occurred on February 28, 2023, claimed the lives of 57 people when a passenger train collided with a freight train near the Tempi gorge in central Greece.

Thousands of demonstrators took to the streets, demanding justice for the victims and accountability from the government. The protests, which were part of a general strike, saw participation from various sectors, including air, sea, and rail transport workers. The demonstrators chanted slogans and carried banners, expressing their anger over the lack of progress in addressing the safety gaps that led to the crash.

In Athens, the protest turned violent as hooded youths hurled petrol bombs at police and attempted to storm the barricades in front of the parliament. Riot police responded with tear gas and stun grenades, leading to clashes that left several people injured.

The government's handling of the disaster has been heavily criticized, with many accusing it of covering up evidence and failing to initiate a parliamentary inquiry into political responsibility. Prime Minister Kyriakos Mitsotakis' administration has denied any wrongdoing, stating that it is up to the judiciary to investigate the accident.


As the nation mourns the victims, the protests reflect the deep-seated mistrust of the government and the demand for accountability and justice.


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